CMD Message

This profile portrays the achievements of a company that was founded more than 3 decades ago, and extends into the future, fueled by dedication and an urge to succeed. This journey of hard-ship, mapped by a vision, has led the organization to a progressively admirable position, corroborating our aspirations and rewarding the dedication of all who contributed simultaneously towards its path of development. It is built on strong foundations with a track record of achievements. With a vision of marking itself in the list of global reputed companies, the Company uses advanced technology and has high quality specialized products. Further to keep up the pace of growth, the Company is focusing on value creation through addition of new value added products, market expansion, creation of new product applications and set up of new manufacturing facilities at strategic locations. The ability to innovate, the capacity to adapt the latest technologies and the promise to deliver consistent quality has always been our forte in accomplishing a distinguished position in the marketplace. The name "HI-TECH" has earned a reputation for itself in the Infrastructure and construction industry.

Today, the company is amongst the leading suppliers of a vast portfolio of steel product, satisfying the need of a large spectrum of customer. Our organization's path to leadership is a result spawned by our employees. Each one brings diverse backgrounds and specialized disciplines into the organization in a never ending endeavor to deliver the one thing that our customers demand most – Satisfaction. The Company is committed to nurturing an open environment that allows for easy assimilation of ideas and enriches its collective knowledge pool. The Company aspires to evolve into a future ready organization centered on promoting a collaborative and cohesive culture.

The future has a way of arriving unannounced. We take pride in being prepared for the future and let us ensure that our strategies and our actions enable us to Always LEAD — and NEVER FOLLOW!

Ajay Kumar Bansal

Chairman & Managing Director

BOARD OF DIRECTORS

Mr Ajay Kumar Bansal Chairman and Managing Director

Mr Ajay Kumar Bansal is an industry stalwart with over 35 years of experience in the steel industry. As the Chairman of Fii. he has successfully represented the industry at various national and international forums. He handles the operations of the Company with a team of experienced professionals through his strategic planning and identification of new growth drivers. Handling the dual responsibilities as a Chairman and Managing Director, he is the guiding force behind the Company. He can be credited for the Company's impressive track record and growth from one manufacturing unit in 1988 to four manufacturing units spread across the country.

Mr Anish Bansal Whole-Time Director

Mr Anish Bansal handles the portfolio of Executive Director of the Company. Having completed his B.Sc. (Economics) in Banking and Finance from the Cardiff University, England, he has over 12 years of experience in business development and administration. His area of expertise includes corporate finance, strategy, marketing, product development, project implementation, international trade and finance along with other corporate matters. He works in close coordination with the management team to handle the Company's expansion plans and financial portfolio.

Mr Ajay Sahay Non-Executive Independent Director

Mr Ajay Sahay completed his B.Tech from BITS in 1979 and has over four decades of experience working with Tata Steel handling various profiles. He has a rich experience of over 25 years in sales and marketing across India. He was instrumental in the implementation of value management in Distribution of Cold Rolling products across India. He has been regularly involved with the Government and assisting in streamlining various acts, regulations and guidelines for making "Ease of Doing Business in India" more meaningful

Mr Vivek Goyal Non-Executive Independent Director

Mr Vivek Goyal has a Masters degree in Finance and Control, and is a member of the Institute of the Chartered Accountants of India (ICAi). He has also completed various certification courses on the concurrent audit of Banks from ICAI. Mr Goyal has over two decades of experience in handling large and mid­ size clients across several industries in the field of Audit, Taxation, Corporate Finance, Corporate Advisory, Risk Management, Corporate Governance, M&A and restructuring initiatives. He is a senior partner in M/s Vivek Prem and Associates, a reputed accounting firm in Chandigarh.

Mr P.K. Saxena Non-Executive Independent Director

Mr P.K. Saxena, has a master's in physics and finance and is also a Certified Associate of Indian Institute of Bankers (CAllB). He is retired DGM (Punjab National Bank). During his more than three-decade tenure as a banker, he worked across various domains in banking such as Bank Management, Product Enrichment and Distribution to maximize profit. He has significant experience in the field of Operational Control, Credit Management, Business Analysis, Pre/Post Sanction Follow up, Data Analytics, Foreign Exchange loan syndication, NPA recovery management, monitoring and follow up with SMA Accounts and all other aspects of banking

Ms Tanvi Kumar Non-Executive and Independent Director

Ms Tanvi Kumar is the Non-Executive and Independent Director of the Company. She has completed her law degree from the ILS Law College, Pune, Maharashtra in the year 2009 and has significant experience in handling corporate litigation matters. She is member of the Bar Council of India. She is a senior associate with Khaitan and Company and has also attended mock sessions of the UN Assembly.

MISSION

We aspire to achieve business excellence through:

-Optimum utilization of Resources

-Sustainable environment friendly procedures and practices

-The highest ethics and standards

-The spirit of entrepreneurship and Innovation

-Hiring, developing and retaining the best people

-Maximizing returns to Stakeholders

-Providing product of the High quality and enrich the lives of the people associated with us

VISION

To lead the industry form the front with impeccable commitment on standards, quality, productivity and customer satisfaction

CSR

Hi-Tech Pipes is a socially committed organization continuously working towards improvement in the environment around us and contributing towards the society as a responsible corporate citizen. We have a tradition of acting in an ethical and accountable manner for development of communities where we have our presence. Our CSR has been designed around the principles of:-

- Providing a holistic working environment for our employees

- Set benchmarks for our ethical behavior

- Upkeep of the environment and our surroundings

- Development of the communities around us

During the year under review HI-Tech Pipes contributed to its social responsibility with following actions:-
Hi-tech Pipes adopted three dry ponds to ready and maintain them as rain water harvesting set up for period of three years. All three setup are done in Sikandrabad ared of Bulandshahar of Uttar Pradesh, India. With these initiatives, Hi-Tech Pies wishes to leave least impact on environment while conserving the nature and natural resources.
Hi-Tech Pipes also made financial contribution in the corpus fund of Maharaja Agrasen Hospital, Charitable trust, Rohtak Road, West Punjabi Bagh, New Delhi. The purpose of this contribution is to strengthen health care services for the Society.
Hi-Tech Pipes has installed 3,60,000 KWh/Year Capacity Roof top Solar Power Project at its Sanand, Gujarat Facilty and 4,00,000 kwh per year at Hindupur(A.P). This initiative is in line with our commitment to environment and making ourself energy self sufficient